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rediff NewsApp NewsApp (Free) Read news as it happens Available on Rediff News All News Highlights of RBI's Q2 monetary policy October 29, 2013 12:18 IST F ollowing are the highlights of the RBI's second quarter review of monetary policy 2013-
Foreign investors seem convinced about the India story, having poured in more than Rs 13,000 crore into the markets in the past 16 trading sessions, at a time when high uncertainty is cloaking the economic and political environment of the country.
M arkets ended lower on Monday as investors turned cautious and booked profits ahead of the RBI monetary policy review on Tuesday...The 30-share Sensex ended down 113 points at 20,570 and the 50-share Nifty closed 44 points lower at 6,101. Reports
The rupee ended flat on Friday, but extended losses for a second week, as caution set in ahead of an expected interest rate hike by the central bank at its policy review next week...However, in a bid to further ease funding costs, the central bank is
China's benchmark seven-day repo rate extended its climb on Thursday after the central bank let more cash drain from the market, a move traders saw as another signal it will tighten policy. The repo rate opened up nearly a full per centage point, at
A gentle push is all that the BSE benchmark Sensex needs to post new highs in the week ahead. With foreign portfolio inflows showing no signs of abating, on hopes the US Federal Reserve might defer the rollback of its monetary stimulus, the Sensex is
ments Energy Department finds buyer for Fisker Automotive, report says The US Department of Energy will award Fisker Automotive's $168 million loan to an investor group led by Hong Kong tycoon Richard Li, Reuters reports. With further cash injections
India is not likely to roll over Rs 220 billion ($3.6 billion) in cash management bills maturing next week, three officials familiar with the country's plans told Reuters, given expectations liquidity will tighten during the festive season. Traders
The benchmark Sensex on Tuesday snapped five days of gains and slipped 60 points as bank stocks fell on expectations rising inflation would increase the chances of an interest rate hike. The 30-share S&P BSE Sensex started on a positive note and rose
Citigroup Inc and State Street Corp have been exploring ways in which they might impose limits on the use of short-term treasury bills due in the coming weeks as collateral , the Wall Street Journal reported, citing people familiar with the matter.